Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Reaches New 1-Year High – What’s Next?

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) hit a new 52-week high on Wednesday . The stock traded as high as $40.81 and last traded at $40.8710, with a volume of 40764 shares changing hands. The stock had previously closed at $40.22.

Columbia EM Core ex-China ETF Stock Performance

The company has a 50 day moving average price of $38.48 and a 200 day moving average price of $36.79. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 14.14 and a beta of 0.84.

Institutional Investors Weigh In On Columbia EM Core ex-China ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new stake in shares of Columbia EM Core ex-China ETF during the second quarter worth about $45,000. Battery Global Advisors LLC purchased a new stake in Columbia EM Core ex-China ETF in the 3rd quarter valued at $45,000. Twin Peaks Wealth Advisors LLC bought a new position in Columbia EM Core ex-China ETF during the 2nd quarter valued at $57,000. Armstrong Advisory Group Inc. purchased a new position in Columbia EM Core ex-China ETF during the 2nd quarter worth $87,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of Columbia EM Core ex-China ETF in the 3rd quarter worth $106,000.

Columbia EM Core ex-China ETF Company Profile

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.